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Indian Stock Market Falls for Third Consecutive Day Amid Global Volatility

EI Samay•
Indian Stock Market Falls for Third Consecutive Day Amid Global Volatility
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The country's stock market has fallen in the last three trading sessions of the week. After Wednesday and Thursday, the main reason behind the fall in the stock market is the volatility of the stock market. After Wednesday and Friday, the Sensex and Nifty50 also fell. The two benchmark indices opened on Friday at lower points than the last closing. Then the fall continued. At 11: 00 am, the Sensex fell by 850 points or 1.09%. The Nifty50 fell by 0.95% or 230 points. The fall again dropped below 24,000. The Sensex is also down below 77,000. The graphs of all the sectoral indices are in the red since Friday morning. Experts believe that the main reason behind this fall is the volatility in the stock market. There is uncertainty about whether the peace agreement between Iran and America will be successful. The US Navy has been ordered to shoot down the boats used to lay mines in the Strait of Hormuz. Trump has threatened to retaliate if the situation escalates.

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Publisher: EI Samay

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Indian Stock Market Falls for Third Consecutive Day Amid Global Volatility | Achira News